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AR Invoice Factoring for Small Business

Stop waiting on customer payments and access your working capital today.

Advance Rate
Up to 90% of invoice value
Factor Fee
1% – 5% of invoice value
Funding Time
24 – 48 hours
Min Credit Score
None (based on your customers)
Min Time in Business
3 months

Overview

Invoice factoring lets you turn outstanding B2B invoices into immediate cash. Sell your unpaid invoices to Big Think Capital and receive up to 90% of the invoice value within 24 to 48 hours. When your customer pays, you receive the remaining balance minus a small factor fee.

Because factoring is a sale of receivables rather than a loan, there's no debt added to your balance sheet. Underwriting focuses on the creditworthiness of your customers, which makes factoring accessible to businesses that might not qualify for traditional financing.

Factoring is one of the oldest forms of commercial finance — older than banks — and it works because it solves a specific structural problem in B2B commerce: large customers pay on net-30, net-60, or net-90 terms, while suppliers need cash to make payroll, buy more inventory, and grow. Factoring closes that gap. If your business has $50K+ per month in invoiced B2B receivables to creditworthy customers, factoring scales linearly with your sales without ever requiring a new application.

Pricing is expressed as a factor fee (sometimes called a discount fee) — typically 1% to 5% of invoice value depending on customer credit, average invoice size, total monthly volume, and how long invoices typically take to pay. Many programs charge a tiered fee that increases the longer an invoice goes unpaid. There are two structural flavors: recourse factoring (you take back unpaid invoices after 90 days) and non-recourse factoring (the factor absorbs credit losses, usually at a higher fee). Rates and terms vary by lender and borrower profile.

A common archetype: a staffing agency invoices a Fortune 500 client $200,000 every two weeks but waits 60 days to get paid. Their payroll runs weekly. Factoring advances 90% ($180,000) within 48 hours of each invoice — covering payroll, growth, and reinvestment — and the agency simply waits for the customer to pay. The factor handles collections, deposits the residual when the customer pays, and the cycle repeats. Compare with a business line of credit or working capital for your situation. Reach an advisor at /contact.

Benefits

Not a Loan

Factoring is a sale of receivables — no debt on your balance sheet and no fixed monthly payments to manage.

24–48 Hour Funding

Once your account is set up, future invoices fund within a day or two of submission.

Scales with Revenue

More invoices means more available capital. Factoring grows automatically as your sales grow.

Who typically qualifies for invoice factoring

  • Personal credit score: not a primary factor (factors care about your customers' credit)
  • At least 3 months in business
  • B2B or B2G invoices (selling to other businesses or government — not consumers)
  • Customers with established commercial credit (Fortune-rated buyers ideal)
  • Minimum $25,000–$50,000 per month in factorable invoices
  • Clean invoices — no progress billing, contra accounts, or pre-existing UCC liens on AR
  • Documentation: customer list, AR aging report, sample invoices, articles of organization

How invoice factoring works

Apply and set up the account

Submit your customer list, AR aging, and sample invoices. The factor underwrites your customers — not you — to set advance rates and approved buyers.

Invoice your customer normally

Continue invoicing your customers on your existing terms. A small notification language is typically added so they pay the factor's lockbox.

Submit invoices for funding

Upload each invoice to the factor. Verification of delivery / acceptance happens quickly, and the advance funds in 24–48 hours.

Customer pays the factor

Your customer pays the invoice to the factor's lockbox on their normal net-30/60/90 cycle. The factor handles collections and tracking.

Receive the residual

When the customer pays, you receive the remaining balance (typically 10%) minus the factor fee. The cycle repeats with every new invoice.

Where factoring fits best

Staffing & temp agencies

Weekly payroll against net-30 or net-60 client invoicing is the textbook factoring use case. The math nearly always works.

Trucking & freight

Brokers and shippers commonly pay carriers on 30+ day cycles. Factoring (often with fuel-card programs) keeps trucks moving without waiting for payment.

Manufacturers & wholesalers

When big retail buyers pay net-60 or net-90, factoring funds the next production cycle while you wait for the receivable.

Government contractors

Federal, state, and municipal payment timelines can stretch 60–120 days. Factoring against government receivables (often non-recourse) bridges the gap.

Construction subcontractors

Progress billing and lien waivers make construction factoring nuanced, but specialized construction factors do this every day for qualified subs.

Service providers with enterprise clients

Marketing agencies, IT services, consultants — anyone billing enterprises on net-30+ can use factoring to smooth cash flow.

How factoring compares

vs Business Line of Credit

Factoring scales without a fixed limit

A line of credit is capped — once you hit your limit, you're done. Factoring scales linearly with sales: more invoices, more capital, automatically.

vs Working Capital

Factoring is cheaper for AR-heavy businesses

A 2% factor fee on a net-30 invoice is roughly 24% annualized — but you only pay it on what you factor. Working capital often costs more per dollar.

vs Bank Loans

Factoring funds when banks won't

Banks underwrite your credit. Factors underwrite your customers' credit. If your customers are creditworthy but you are not (yet), factoring works when bank loans don't.

Frequently Asked Questions

Quick answers to the questions we hear most often.

Will my customers know I'm factoring?+
Usually yes — most factoring programs are 'notification' factoring, meaning customers are informed to pay the factor's lockbox. This is normal and customers in B2B industries are generally familiar with it. Non-notification factoring exists but is less common and more expensive.
How much does invoice factoring cost?+
Factor fees typically run 1–5% of invoice value depending on customer credit, invoice size, monthly volume, and how long invoices take to pay. Most programs charge tiered fees (e.g., 1.5% in the first 30 days, +0.5% per additional 15 days). Rates and terms vary by lender and borrower profile.
Can I factor just some of my invoices?+
Some factors require all-invoice or all-customer arrangements; others are 'spot factoring' programs where you choose which invoices to fund. Spot factoring is more flexible but typically costs more per invoice.
What's the difference between recourse and non-recourse factoring?+
Recourse: you buy back any invoice that goes 90+ days unpaid. Non-recourse: the factor absorbs the credit loss if a customer becomes insolvent. Non-recourse is more expensive but transfers credit risk on approved buyers.
Can a brand-new business factor invoices?+
Yes — factoring is one of the most accessible options for newer businesses. Time in business and personal credit matter much less than the quality of your customers. 3 months in business with invoices to creditworthy buyers is enough at most factors.
Is factoring right for B2C businesses?+
Generally no. Factoring works for B2B and B2G invoicing on net terms. Consumer-facing businesses are better served by [working capital](/funding-solutions/working-capital), [ecommerce funding](/funding-solutions/ecommerce-funding), or a [business line of credit](/funding-solutions/business-line-of-credit).

Ready to apply for Invoice Factoring?

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  • Approvals in as little as 24 hours
  • Funding from $10K to $10M+
  • No hard credit pull to apply
  • Dedicated funding expert assigned to you

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